2019Q1 Healthcare Earnings Roundup


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  • Universal Health Services, Inc.: The King of Prussia, Pennsylvania-based hospital management company did not meet its earnings per share or revenue expectations.
  • CVS Health: CVS Health’s still-pending acquisition of Aetna delivered exceptional financials for the company in Q1.
  • Encompass Health: The Birmingham, Alabama-based post-acute care provider attributed its improved revenue metrics to volume and pricing growth.
  • Cigna Corp: The Bloomfield, Connecticut-based insurer rebounded with revenues totalling nearly $38 billion in Q1.

  • Community Health Systems: The for-profit rural hospital operator produced yet another dismal earnings report.
  • Tenet Hospital Corp.: The Dallas-based for-profit hospital operator showed year-over-year improvement on its net losses though revenues slipped to $3.86 billion.
  • TeladocOnce again, the telemedicine company saw its revenues rise alongside with its net loss.
  • Molina HealthcareThe Long Beach, California-based insurer’s net income rose to nearly $200 million in Q1, a $91 million bounce year-over-year, prompting the company to boost its year-end guidance.
  • Humana: The Louisville-based insurer again raised its earnings per share guidance for 2019, this time due to expected Medicare Advantage growth.
  • WellCare Health PlansThe Tampa-based insurer’s net income and total revenues experienced a significant bump compared to Q1 2018.

  • HCA Healthcare Inc.The Nashville-based for-profit hospital operator’s revenues topped $12.5 billion but net income dropped below $1.1 billion.

  • Magellan Health: The Scottsdale, Arizona-based for-profit managed care company experienced a horrid Q1 across nearly all financial metrics.

 

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